What is Tezos delegation?
Tezos using a Proof of stake system to sign and publish blocks to the blockchain. The Tezos algorithm selects validators by combing factors that include the size of the holdings, the age of the stake, and random factors. Tezos uses a liquid proof of stake consensus. The liquid aspect involves selection standards and the option to delegate.
Delegation provides a method for every holder to participate in the operation and security of the platform. While the reward may be higher if the holder keeps the whole sum, there are advantages in delegating. The delegate can perform all the tasks involved in the review, closing, signing, and publishing the block. The delegate can accept the reward payment and deliver the agreed share to the holder.
Tezos delegation is a system of passive income for the holder that uses a delegate to publish the block. The process requires a low-risk posting of assets as a security against wrongdoing.